Virtual Private Network (VPN) Market: Global Industry Size, Share, Growth, Analysis and Forecast 2021-2031

According to a new market research report published by sheer analytics and insights, “The Global Virtual Private Network (VPN) Market was valued at $27.1 Billion in 2020. Growing at a high CAGR of more than 14.3% between 2021 and 2031, it is estimated to reach $130.3 Billion by 2031, as per the latest market research report titled, Global Virtual Private Network (VPN) Market – Industry analysis, size, share, growth, trends, and forecast, 2031-2031.

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The VPN or Virtual Private Network (VPN) enhances the organizations’ productivity. The data is encapsulated into network protocols through a secure passage, reducing and minimizing the chances of cyber-attacks and data breaches. It allows sharing data with a particular subset of stakeholders by helping in business continuity and reliability. Apart from that, in some cases, VPN utilizes more time because it secures the data, which takes time due to network traffic sometimes. This is another reason which can restraint the market can be complexities in the network. In addition to this, the growing concerns over the security of the data being transferred over a public internet connection are expected to propel the market growth during the forecast period.

However, in this current pandemic of COVID-19, the Virtual Private Network (VPN) market was affected much. It changes the growth rate graph slightly in the VPN market. But it has been expected that after the pandemic situation, the global Virtual Private Network (VPN) market will reach a high position in the graph. Apart from that, the rising of the VPN sector across the world is anticipated to offer a massive opportunity for market growth in the next forecast period of 2031 to 2031.https://www.sheeranalyticsandinsights.com/market-report-research/virtual-private-network-market-21

List of Companies Covered:

  • Avast Software s.r.o.
  • BlackBerry Limited
  • Cisco Systems, Inc.
  • Citrix Systems, Inc.
  • CyberGhost S.R.L.
  • Google LLC
  • IBM corporation
  • NetMotion Software
  • Opera Group Company
  • WatchGuard Technologies, Inc.

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The Global Virtual Private Network (VPN) Market Has Been Segmented into:

By Component

  • Solution
  • Services

By Type

  • Site-to-site
  • Remote Access
  • Extranet
  • Others

By Deployment Model

  • Cloud
  • On-premise

By End-Use

  • Commercial
  • Individual

By Region

  • North America
    • USA
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America, Middle East & Africa
    • Brazil
    • South Africa
    • UAE
    • Rest of LAMEA

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